ARC LOGISTICS PARTNERS LP (NYSE:ARCX) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On December18, 2017, Arc Logistics Partners LP, a Delaware limited partnership (“MLP”), convened its special meeting of unitholders (the “Special Meeting”) to vote on the proposal identified in the definitive proxy statement dated October30, 2017, which was first mailed to holders of common units representing limited partner interests in MLP (“Common Units”) on or about October30, 2017.
As of the close of business on October20, 2017, the record date for the Special Meeting, there were 19,545,944 Common Units outstanding and entitled to vote at the Special Meeting. A quorum of 15,954,649 Common Units was represented in person or by proxy at the Special Meeting. A summary of the voting results for the following proposal, which is described in detail in the definitive proxy statement, is set forth below:
1.Proposal to approve the Purchase Agreement and Plan of Merger, dated as of August29, 2017, by and among MLP, Arc Logistics GP LLC, Lightfoot Capital Partners GP LLC, Lightfoot Capital Partners, LP, Zenith Energy U.S., L.P., Zenith Energy U.S. GP, LLC, Zenith Energy U.S. Logistics Holdings, LLC, and Zenith Energy U.S. Logistics, LLC, and the merger contemplated thereby (the “Merger Proposal”). The Merger Proposal received the affirmative vote of approximately 99.38% of the Common Units represented at the Special Meeting in person or by proxy.
| Votes For | Votes Against | Votes Abstained |
| 15,855,083 | 87,809 | 11,757 |
No other business properly came before the Special Meeting.
Item 5.07. Other Events.
On December 18, 2017, MLP issued a press release announcing the results of the unitholder vote at the Special Meeting. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 5.07. Financial Statements and Exhibits.
(d) Exhibits
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Arc Logistics Partners LP ExhibitEX-99.1 2 d511078dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Arc Logistics Partners http://arcxlp.com Arc Logistics Partners LP Announces Unitholder Approval of Merger NEW YORK,…To view the full exhibit click here
About ARC LOGISTICS PARTNERS LP (NYSE:ARCX)
Arc Logistics Partners LP owns, operates, develops and acquires a portfolio of complementary energy logistics assets. The Company is engaged in the terminaling, storage, throughput and transloading of crude oil and petroleum products. It is focused on growing its business through the optimization, organic development and acquisition of terminaling, storage, rail, pipeline and other energy logistics assets. It offers storage and throughput services fees, and ancillary services fees. The Company operates through terminal and transloading facilities segment. The Company’s energy logistics assets are located in the East Coast, Gulf Coast, Midwest, Rocky Mountains and West Coast regions of the United States, and supply a group of third-party customers, including oil companies, independent refiners, crude oil and petroleum product marketers, distributors and various industrial manufacturers.
